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U.S. Economic Armageddon: The “Real” Deficit – Including Non-Budgetary Items Like Unfunded Liabilities Of Medicare, Medicaid, Social Security And The Defense Budget – Is Actually $202 Trillion
“Enron Accounting” Has Bankrupted America: U.S. Deficit Really $202 Trillion, Kotlikoff Says “Forget the official debt,” he tells Aaron in this clip. The “real” deficit – including non-budgetary items like unfunded liabilities of Medicare, Medicaid, Social Security and the defense budget – is actually $202 trillion, the professor and author calculates; or 15 times the “official” numbers. “Congress has engaged in Enron accounting,” says Kotlikoff, who recently penned an op-ed for Bloomberg entitled: The U.S.
Nigel Farage – The Massive Plunge In Gold & Silver Markets
from KingWorldNews: Eric King: “Nigel, we’re getting smashed on gold and silver. Silver is down $1.50, gold down over $60. What are your thoughts as you see this kind of a smash?”
Farage: “Yes, well they are big moves aren’t they? I guess movements like this are going to shake out not just some of the short-term longs, but it may shake out some of the medium-term longs as well.
That is something which gives the bigger, longer-term players very good buying opportunities.”
Nigel Farage continues @ KingWorldNews.com
Financial Disaster Looms For America: $106 Trillion In Unfunded Obligations Mounting Up Over 30 Years
Thursday, June 20, 2013 by: J. D. Heyes (NaturalNews) Listen. Can you hear it?
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